News Formal

Uber stock pops after earnings as company gives upbeat outlook

  • 📰 MarketWatch
  • ⏱ Reading Time:
  • 20 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 97%

United States News News

United States United States Latest News,United States United States Headlines

Uber shares climb after upbeat outlook

Shares of Uber Technologies Inc.

were popping in premarket trading Tuesday after the ride-hailing giant topped revenue expectations and gave an upbeat outlook for the current quarter. The company reported a third-quarter net loss of $1.2 billion, or 61 cents a share, compared with $2.4 billion, or $1.28 a share, in the year-earlier period. Analysts tracked by FactSet were anticipating an 18-cent loss per share.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 3. in US
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

United States United States Latest News, United States United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Uber is now spamming phones with ads for other companiesUber customers have started seeing push notification ads for other companies on their phones as Uber launches its advertising division. Hey let's start BoycottUber trend
Source: BGR - 🏆 234. / 63 Read more »